Skip to main content

Food at Home is Up 13.1 Percent From a Year Ago, Most Since February 1979

Food at home is up 13.1 percent annually. That's the most since 13.9 percent in February of 1979.
  • Author:
  • Publish date:
CPI With a Spotlight on Food 2022-07

CPI Year-Over-Year Details 

  • CPI: 8.5 Percent 
  • CPI Less Food: 8.1 Percent
  • CPI Food: 10.9 Percent
  • CPI Food at Home: 13.1 Percent 
  • CPI Food and Beverage: 10.5 Percent 
  • CPI Energy (Not Shown): 32.9 percent

Food Details 

CPI Seven Food Categories 2022-07

What's in Your Basket? 

  • Meat, Poultry, Fish, Eggs: 10.9 Percent
  • Cereals, Bakery: 15.0 Percent
  • Dairy: 14.9 Percent
  • Fruits and Vegetables: 9.3 Percent
  • Beverages: 13.8 Percent
  • Other Food at Home: 15.8 Percent
  • Away From Home: 7.6 Percent
  • At Home: 13.1 Percent

Given rising tip defaults (and me paying them) I dispute the total cost of food away from home as up only 7.6 percent.

We have seen tip defaults as high as 25 percent. It's getting absurd.  

Scroll to Continue

RECOMMENDED ARTICLES

More on the CPI, US and Foreign

For more charts and discussion of consumer prices in the US, please see CPI Month-Over-Month Was Unchanged, Year-Over-Year Up 8.5 Percent

Also note Inflation rates are very low in Japan and China vs. the US and Europe. What's going on?

for discussion, please see Is Low inflation in Japan and China a Sign of Strength or Weakness?

This post originated on MishTalk.Com.

Thanks for Tuning In!

Please Subscribe to MishTalk Email Alerts.

Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time.

If you have subscribed and do not get email alerts, please check your spam folder.

Mish